Getty Images has confirmed to BJP that 30 employees have been made redundant at iStockphoto as the firm is bring both brands closer together. "We are completing the process of full functional integration across the two brands," says Getty Images' co-founder and CEO Jonathan Klein. "[And] as with most integrations, some positions become redundant and approximately 30 employees will be leaving the business in the coming months."
Klein adds: "It is never easy to make these decisions, especially given the strong team we have at iStockphoto. Nonetheless, Getty Images remains committed to having an office in Calgary and to the vitality of the iStockphoto brand."
The confirmation comes after iStockphoto employees took to Twitter and Facebook to voice their discontent. One person wrote on Twitter: "Listening to @iStock layoff stories with old co-workers. And wow... just wow" while another tweeted about co-workers not having jobs at iStockphoto anymore.
The layoffs comes just a few days after Kelly Thompson announced that he was leaving Getty Images. Thompson was a chief operating officer with iStockphoto before taking on the role of senior vice president of product development at Getty Images. In a prepared statement, Getty Images says: "Kelly has now decided that the time is right for him to leave the business to pursue other interests and we wish him the very best in all his future endeavours. Kelly's last day with the company will be January 20."
Getty Images acquired iStockphoto in February 2006.
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